Hanover Area Chamber Of Commerce
EIN: 232290798 · Hanover, PA
Is Hanover Area Chamber Of Commerce Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hanover Area Chamber Of Commerce
Hanover Area Chamber Of Commerce (EIN: 232290798) is a nonprofit organization based in Hanover, PA. The organization reported total revenue of $641K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hanover Area Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Hanover Area Chamber Of Commerce has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hanover Area Chamber Of Commerce with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Hanover Area Chamber Of Commerce
Is Hanover Area Chamber Of Commerce a legitimate charity?
Based on AI analysis of IRS 990 filings, Hanover Area Chamber Of Commerce (EIN: 232290798) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hanover Area Chamber Of Commerce spend its money?
Detailed spending breakdown data is not yet available for Hanover Area Chamber Of Commerce. Check back for updated IRS 990 analysis.
Are donations to Hanover Area Chamber Of Commerce tax-deductible?
Hanover Area Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 232290798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Hanover Area Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hanover Area Chamber Of Commerce's revenue has grown by 61%, moving from $428K to $689K. Total assets increased by 78.3% over the same period, from $557K to $993K. Total functional expenses rose by 75.1%, from $395K to $692K. In its most recent filing year (2023), Hanover Area Chamber Of Commerce reported a deficit of $3K, with expenses exceeding revenue. The organization holds $316K in liabilities against $993K in assets (debt-to-asset ratio: 31.9%), resulting in net assets of $676K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $689K | $692K | $993K | $316K | — | View 990 |
| 2022 | $985K | $687K | $845K | $180K | — | View 990 |
| 2021 | $497K | $515K | $717K | $281K | — | View 990 |
| 2020 | $524K | $532K | $554K | $128K | — | View 990 |
| 2019 | $593K | $605K | $488K | $45K | — | View 990 |
| 2018 | $630K | $648K | $500K | $55K | — | View 990 |
| 2017 | $534K | $508K | $521K | $59K | — | View 990 |
| 2016 | $421K | $428K | $480K | $43K | — | View 990 |
| 2015 | $429K | $421K | $505K | $62K | — | View 990 |
| 2014 | $410K | $405K | $513K | $70K | — | View 990 |
| 2013 | $412K | $407K | $528K | $95K | — | View 990 |
| 2012 | $460K | $458K | $535K | $111K | — | View 990 |
| 2011 | $428K | $395K | $557K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $689K, expenses of $692K, and assets of $993K (revenue -30.1% year-over-year).
- 2022: Revenue of $985K, expenses of $687K, and assets of $845K (revenue +98.2% year-over-year).
- 2021: Revenue of $497K, expenses of $515K, and assets of $717K (revenue -5.1% year-over-year).
- 2020: Revenue of $524K, expenses of $532K, and assets of $554K (revenue -11.7% year-over-year).
- 2019: Revenue of $593K, expenses of $605K, and assets of $488K (revenue -5.8% year-over-year).
- 2018: Revenue of $630K, expenses of $648K, and assets of $500K (revenue +17.9% year-over-year).
- 2017: Revenue of $534K, expenses of $508K, and assets of $521K (revenue +26.9% year-over-year).
- 2016: Revenue of $421K, expenses of $428K, and assets of $480K (revenue -1.8% year-over-year).
- 2015: Revenue of $429K, expenses of $421K, and assets of $505K (revenue +4.7% year-over-year).
- 2014: Revenue of $410K, expenses of $405K, and assets of $513K (revenue -0.5% year-over-year).
- 2013: Revenue of $412K, expenses of $407K, and assets of $528K (revenue -10.4% year-over-year).
- 2012: Revenue of $460K, expenses of $458K, and assets of $535K (revenue +7.5% year-over-year).
- 2011: Revenue of $428K, expenses of $395K, and assets of $557K.
Data Sources and Methodology
This transparency report for Hanover Area Chamber Of Commerce is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.